Lexmark International Inc (NYSE:LXK) Suffers New Low After Narrowing Earnings Forecast – (LXK, CAJ, HPQ, XRX)

  on Jul 16,2012 Posted in Business News ,Finance
 
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Shares of Lexmark International Inc (NYSE:LXK) were pushed down on Friday and suffered 52-week lows after the laser and inkjet printer maker cut its second-quarter earnings guidance. The earnings warning came out after the closing bell on Thursday. The Lexington, Ky.-based company said that it predicts to post earnings in a range of 53 cents to 55 cents a share, or 87 cents to 89 cents a share excluding one-time items for the second quarter, ended in June.

The printing and imaging technology company previously expected earnings for the quarter of 65 cents to 75 cents a share or 95 cents to $1.05 a share before costs associated with restructuring and acquisitions. The company said its profit was hurt by a worse-than-predicted demand environment, especially in Europe, as well as by unfavorable changes in currency-exchange rates.

Lexmark International Inc (NYSE:LXK) total value after the recent close was $1.45 billion and the enterprise value according to yahoo data was $1.43 billion. The previous 12 month price to sales ratio was 0.42. The company showed 7.22% as a profit margin in the last twelve months and an operating margin at 10.14%. Return on equity was 20.23% for the last twelve months. Return on assets was 8.04%.

Taking a look at some competitors, the total value of Canon Inc. (ADR) (NYSE:CAJ) in the stock market was $44.61 billion and the takeover value of the company was $34.65 billion. The last twelve month price to sales ratio for the company was 0.99. It had a 7.38% as profit margin in the last twelve months and an operating margin at 10.66%. Return on assets was 6.61%

The total value of Hewlett-Packard Company (NYSE:HPQ) after the latest trading session was $37.43 billion and their enterprise value was $59.93 billion. The prior 52 week price to sales ratio was 0.31. The company recorded a profit margin of 4.21% for the prior 12 months and had an operating margin of 6.11%. Return on equity for this stock was 12.64% while return on assets appeared at 4.13%.

Xerox Corporation (NYSE:XRX) market capitalization after the most recent trading session was $9.80 billion and the enterprise value was $18.09 billion. Price to sales ratio for the prior 52 weeks was 0.44.

 



 

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